Seller's Agent in 2025
Matt Laricy
Americorp, Ltd
(708) 250-2696
77 in this area
2,536 Total Sales
New Franklin Building 720 S Dearborn St Unit 1105 Chicago, IL 60605
Printers Row NeighborhoodEstimated Value: $493,000 - $608,000
2
Beds
2
Baths
1,700
Sq Ft
1916
Built
Highlights
- Open Floorplan
- 4-minute walk to Harrison Station
- Beamed Ceilings
- Wood Flooring
- End Unit
- 1-minute walk to Printers Row Park
About This Home
As of June 2025Stunning, Thoughtfully Renovated 2Bed/2Bath Loft in Historic Franklin Building! Welcome to a rare gem in the heart of Printer's Row-this beautifully renovated 2-bedroom, 2-bathroom loft in the iconic Franklin Building blends timeless design with modern convenience. No detail was spared in this exceptional home, offering a seamless blend of historic charm and contemporary style. Massive east facing windows flood the space with natural afternoon light, highlighting the expansive open-concept layout, high 10'-4" ceilings, oak hardwood floors, exposed brick and concrete columns and beams, and generous closet space throughout. The chef's kitchen is a showstopper, featuring white quartz countertops, classic white cabinetry, panda white marble backsplash, stainless steel appliances, and a spacious island with seating-perfect for entertaining. The primary suite is a private retreat with exposed brick, oversized windows, a spa-inspired ensuite bath, and excellent closet space. The second bedroom, currently used as an office, is even larger than the primary and includes its own ensuite bath-ideal for guests. Both bathrooms feature marble flooring, with monolithic cream concrete countertops and sinks. Additional features include in-unit washer and dryer, two true ensuite bedrooms, and tasteful neutral finishes throughout. Located in a meticulously maintained, professionally managed building, this loft offers unbeatable access to everything Chicago has to offer. Positioned at the center of the city's transportation hub: CTA Red Line right outside your door. All other CTA train lines within two blocks. Quick access to I-90/94, I-290, and Lake Shore Drive. Bus stops directly across the street. Surrounded by parking garages and lots (offsite parking available for lease) Enjoy a vibrant neighborhood filled with top-rated restaurants, shops, and cultural attractions. Walk to Grant Park, Buckingham Fountain, Millennium Park, museums, theaters, universities, and everything the Loop has to offer. The 2-way protected bike path begins just outside your front door, and the area boasts a perfect Walk Score-truly a walker's and commuter's paradise. Don't miss your chance to own this exceptional home. Schedule your showing today and explore the space in 3D-click the virtual tour button for a full walkthrough!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,634
Year Built
- Built in 1916
Lot Details
- End Unit
HOA Fees
- $870 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Leased Parking
- Heated Garage
- Garage Door Opener
- Off-Site Parking
Home Design
- Entry on the 11th floor
- Brick Exterior Construction
Interior Spaces
- 1,700 Sq Ft Home
- Open Floorplan
- Built-In Features
- Beamed Ceilings
- Window Screens
- Family Room
- Living Room
- Formal Dining Room
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
- Soaking Tub
- Separate Shower
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
Schools
- South Loop Elementary School
- Jones College Prep High School
Utilities
- Forced Air Heating and Cooling System
- Lake Michigan Water
- Cable TV Available
Community Details
Overview
- Association fees include heat, air conditioning, water, insurance, tv/cable, exterior maintenance, lawn care, scavenger, snow removal, internet
- 64 Units
- Tsutton@Tairremgmt.Com Association, Phone Number (847) 299-5740
- Property managed by Tairre Management Services, Inc.
- 13-Story Property
Amenities
- Elevator
Recreation
- Bike Trail
Pet Policy
- Dogs and Cats Allowed
Security
- Resident Manager or Management On Site
- Fire Sprinkler System
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 9, 2025
Closed on
Jun 5, 2025
Sold by
Bought by
Seller's Agent
Matt Laricy
Americorp, Ltd
Buyer's Agent
Matthew Messel
Compass
List Price
$499,999
Sold Price
$555,000
Premium/Discount to List
$55,001
11%
Views
43
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,029
Avg. Annual Appreciation
-2.35%
Original Mortgage
$444,000
Outstanding Balance
$442,930
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$99,041
Purchase Details
Closed on
Dec 10, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 13, 2012
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,700
Interest Rate
3.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 8, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,800
Interest Rate
4.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 1994
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
8.78%
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $555,000 | Lincoln Title Company | ||
| $345,000 | Attorney | ||
| $286,000 | Stewart Title Company | ||
| -- | Accommodation | ||
| $232,000 | Ticor Title Insurance |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $444,000 | ||
| Previous Owner | $310,500 | ||
| Previous Owner | $271,700 | ||
| Previous Owner | $266,800 | ||
| Previous Owner | $208,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Sold | $555,000 | +11.0% | $326 / Sq Ft |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 04/09/2025 04/09/25 | For Sale | $499,999 | -- | $294 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,634 | $39,196 | $3,122 | $36,074 |
| 2024 | $8,634 | $39,196 | $3,122 | $36,074 |
| 2023 | $8,416 | $40,921 | $2,517 | $38,404 |
| 2022 | $8,416 | $40,921 | $2,517 | $38,404 |
| 2021 | $8,228 | $40,919 | $2,516 | $38,403 |
| 2020 | $7,375 | $33,107 | $2,280 | $30,827 |
| 2019 | $7,244 | $36,058 | $2,280 | $33,778 |
| 2018 | $7,123 | $36,058 | $2,280 | $33,778 |
| 2017 | $6,334 | $29,423 | $1,887 | $27,536 |
| 2016 | $5,893 | $29,423 | $1,887 | $27,536 |
| 2015 | $5,514 | $30,088 | $1,887 | $28,201 |
| 2014 | $4,604 | $24,816 | $1,737 | $23,079 |
| 2013 | $4,513 | $24,816 | $1,737 | $23,079 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Laricy
-
Matthew Messel
Buyer's Agent in 2025
Matthew Messel
Compass
(847) 420-1269
2 in this area
623 Total Sales
About New Franklin Building
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12331349
APN: 17-16-406-032-1078
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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